PURPOSE
This Code of Ethics Statement is intended to provide clarity for the Advisory Board Centre members over expectations, the spirit of relationships and a guideline to problem-solving during member involvement in advisory boards. A role in supporting and contributing to an organisation’s advisory board requires careful consideration in upholding the reputation of the organisation as well as individual professionals. In advisory roles, decisions are not made by advisors, ensuring practitioners treat others with respect. From the way practitioners work in the boardroom, to discussions with management, other advisors and networks – personal ethics are always a consideration.
IT’S ABOUT DOING THE RIGHT THING
No guideline can address every issue or situation. It is not a substitute for good judgement, transparent communication and proper business conduct. The strength of the advisory board is the strength of the collective knowledge and sharing of relevant experience.
WORKING WITH THE ADVISORY BOARD CENTRE
- Avoiding conflict of interest with other advisors and organisations that individuals are associated with
- Honouring the organisation’s right to choose advisors that meet their need
- Managing relationships respectfully
- Participating in transparent communication
CODE OF ETHICS STATEMENT
The Code of Ethics is in line with the ABF101: Advisory Board Best Practice Framework™ for advisors. Each principle is addressed within the Ethics Guidelines Resources on the members-only website.
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Clarity of Scope
Commitment
Social Responsibility
Promote Ethical Business
Practice -
measurement
Focus on Impact
Monitor and Review
Boundaries -
structure and discipline
Meet Obligations
Professional Behaviour
Community Relationships -
independence
Role Clarity
Doing the Right Thing -
fit for purpose
Maintain Competence
Respecting Others & Diversity
Ongoing Development
